Results 8,241-8,260 of 14,090 for speaker:Marc MacSharry
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: Dr. Brady is CEO and is on the executive.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: It is regarding Dr. Brady, who is interim CEO. Notwithstanding any view of his performance, I am just asking what he feels, having never owned a dog and not being likely to ever own a dog, that he is bringing to the executive table that is of unique benefit. What is the USB for Dr. Seán Brady in terms of being interim CEO of Bord na gCon?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: Mr. Creed has raised that issue. The Chairman can tell me if this is an unfair question. We can use a different analogy if it is. If I was the chief executive of Bord na gCon and I was applying for the job of chief executive of Bank of Ireland Finance, would I be appropriate for the role?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: Mr. Creed gave a judgment on the appropriateness of a person to serve as chief executive of whatever.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: Again, let us stick to the banking analogy raised by Mr. Creed. Richie Boucher, for example, did not come from the dairy industry. He came from financial services.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: The practice would tend to be that-----
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: Mr. Creed's personal opinion is that it does not have to be that way.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: Has Dr. Brady acquired it?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: Dr. Brady referred to marketing. The chairman of the board said there was no one with marketing experience at the moment.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: They are simply implementing the decisions of the board.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: What way does it work?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: I was not questioning Mr. Creed's ability to be on the board. I was simply asking whether there was a view that to have adequate competence, a certain level of knowledge was required. Mr. Creed said that he did not believe so. Dr. Brady said that his other expertise was adequate and that he is learning fast. I was simply wondering about that on a personal level. Earlier, Mr. Creed made...
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: How does Mr. Creed feel that Naas, the Curragh and Punchestown have managed it?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: I am not questioning for Deputy Cullinane and it is not a follow-on from his question. I am simply asking because Mr. Creed said he knew of no business in that situation. I probably picked the most similar business in existence and offered it as an example that is 30 miles away. Three very successful racing facilities exist. From Punchestown to Naas is barely three or four miles. With...
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: What percentage of the focus of the board and the executive is on debt management, as opposed to business development?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: Does high mean 10% in proportion to other things? Could it be 5% or 75%?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: Let us change the focus a little. I put it to the representatives of Bord na gCon that Horse Racing Ireland took a decision to trade out of the difficulties. It did so successfully and now it has surpassed Bord na gCon in terms of Tote returns and profitability and so on. The point made by Mr. Creed in terms of two facilities for the same scenario, I respectfully suggest, has more of a...
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: What bank was involved?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: As established earlier, there was an absence of an up-to-date strategy. Is it fair to say that the strategy in place is obsolete because of other matters?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Marc MacSharry: The focus now is on debt management, which is reasonable, but in the absence of a growth or trading strategy. Is it reasonable to state that?